Investing
KKR, Capital Group Partner to Debut Funds for Wealthy Investors
- Two funds will be sold through financial advisers in the US
- Private investments increasingly marketed to individuals
Capital Group and KKR funds will allocate around 60% of the funds’ assets to public credit and 40% to private credit assets.
Photographer: Jin Lee/BloombergThis article is for subscribers only.
Capital Group and KKR & Co. partnered to debut two funds for wealthy individuals in the first half of next year that invest across public and private debt markets.
The collaboration between Capital Group, an asset management firm, and alternative investment powerhouse KKR is the latest example of money managers creating private-investment offerings for individual investors, whose wealth is largely invested in public markets.